New Enroll for RBI, PFRDA & NABARD Intro Class! April 18 at 9:15 PM

    Question

    According to section 6 of the IRDA Act the Central

    Government may remove from office any member who_____________________
    A Is, or at any time has been, adjudged as a solvent Correct Answer Incorrect Answer
    B Has become physically or mentally incapable of acting as a member Correct Answer Incorrect Answer
    C Has been convicted of any offence which, in the opinion of the Central Government, involves moral turpitude Correct Answer Incorrect Answer
    D Either a or b or c Correct Answer Incorrect Answer
    E Either b or c Correct Answer Incorrect Answer

    Solution

    Section 6.   Removal from office: (1) The Central Government may remove from office any member who--(a) is, or at any time has been, adjudged as an insolvent; or (b) has become physically or mentally incapable of acting as a member; or (c) has been convicted of any offence which, in the opinion of the Central Government, involves moral turpitude; or (d) has acquired such financial or other interest as is likely to affect prejudicially his functions as a member; or (e) has so abused his position as to render his continuation in office detrimental to the public interest.

    Practice Next